SolarArise, SJVN Green Energy, and Tata Power Renewables Win MSEDCL’s 500 MW Solar Auction

SolarArise, SJVN Green Energy, and Tata Power Renewables Win MSEDCL’s 500 MW Solar Auction

SolarArise, SJVN Green Energy, and Tata Power Renewable Energy (TPREL) were declared the winners of the auction conducted by the Maharashtra State Electricity Distribution Company (MSEDCL) to procure 500 MW ...
/ / Solar, Tenders & Auctions
TCIL Issues Bid to Select a Partner for 2 MW Floating Solar Project in Mauritius

TCIL Issues Bid to Select a Partner for 2 MW Floating Solar Project in Mauritius

Government-owned Telecommunications Consultants India Limited (TCIL) has issued an expression of interest (EoI) to select a partner for the design, supply, installation, testing, and commissioning of a 2 MW floating ...
/ / Solar, Tenders & Auctions
Supreme Court Directs States to Assess Length of Overhead Power Lines in GIB Habitat

Supreme Court Directs States to Assess Length of Overhead Power Lines in GIB Habitat

The Supreme Court noted that the installation of bird diverters in the habitat of the endangered Great Indian Bustard, as proposed by the special committee appointed by it, is not ...
/ / Markets & Policy, Solar
Solar PV and Storage System Prices Soar in Q1 2022 in the US: NREL

Solar PV and Storage System Prices Soar in Q1 2022 in the US: NREL

The National Renewable Energy Laboratory (NREL) has said that the prices of solar photovoltaic (PV) and storage systems soared in the first quarter (Q1) of 2022 compared to the corresponding ...
/ / Finance and M&A, Solar
CERC Upholds Solar Developers’ Compensation Claims Under Change in Law due to GST

CERC Upholds Solar Developers’ Compensation Claims Under Change in Law due to GST

The Central Electricity Regulatory Commission (CERC) has reiterated that solar developers are entitled to compensation due to the higher expenses incurred after the Goods and Services Tax (GST) came into ...
/ / Markets & Policy, Solar
Gensol Wins SECI’s EPC Auction for 30 MW Floating Solar Projects

Gensol Wins SECI’s EPC Auction for 30 MW Floating Solar Projects

Gensol Engineering announced that it has won the auction to develop 30 MW floating solar projects by quoting ₹2.32 billion (~$28.64 million). The projects will be spread over three thermal ...
REC Limited’s Subsidiary Invites Bids for 500 MW of ISTS-Connected Solar Projects

REC Limited’s Subsidiary Invites Bids for 500 MW of ISTS-Connected Solar Projects

REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC Limited, has invited bids to set up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the ...
/ / Solar, Tenders & Auctions
AMEA Power to Invest $1.1 Billion in Egypt for 1 GW Wind and Solar Projects

AMEA Power to Invest $1.1 Billion in Egypt for 1 GW Wind and Solar Projects

Dubai-based renewable energy company AMEA Power will invest $1.1 billion in Egypt to develop wind and solar energy capacities of 500 MW each. The investment will take the company’s cumulative ...
Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction

Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction

Tata Power Renewable Energy (TPREL) was declared the winner in Tata Power Delhi Distribution’s (TPDDL) auction for 255 MW wind-solar hybrid power projects. The company has quoted a price of ...
Madhya Pradesh Regulator Approves Tariff for 278 MW Floating Solar Project

Madhya Pradesh Regulator Approves Tariff for 278 MW Floating Solar Project

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has allowed the M.P. Power Management Company (MPPMCL) to procure 278 MW of power from phase-I of the floating solar project at Omkareshwar ...
India Adds Over 1.9 GW of Open Access Solar in 9M 2022, Installations Up by 96%

India Adds Around 1.9 GW of Open Access Solar in 9M 2022, Installations Up by 96%

India installed around 1.9 GW of open access solar capacity in the first nine months (9M) of the calendar year (CY) 2022, an increase of 96% year-over-year (YoY), according to ...
Project Finance Brief: Sunwin Energy Sells Solar Project Portfolio in Italy

Project Finance Brief: Sunwin Energy Sells Solar Project Portfolio in Italy

From: Mercom Capital Group Sunwin Energy, a Switzerland-headquartered solar project developer, entered into a framework agreement with an undisclosed European public-listed energy company to develop a 375 MW solar project portfolio in Italy ...
/ / Finance and M&A, Solar
Airtouch, Solabot, Sol-Bright Leading Robotic Cleaning System Suppliers in 1H 2022

Airtouch, Solabot, Sol-Bright: Leading Robotic Module Cleaning System Suppliers in 1H 2022

Airtouch, Solabot Technologies, Sol-Bright Photovoltaic Technology, Aegeus Technologies, and Skilancer Solar were the top robotic solar module cleaning system suppliers in India in the first half (1H) of the calendar ...
/ / Mercom Research Focus, Solar
APTEL Orders TANGEDCO to Pay Solar Developers for Excess Power Consumed

APTEL Orders TANGEDCO to Pay Solar Developers for Excess Power Consumed

The Appellate Tribunal for Electricity (APTEL) has ordered Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to pay solar developers compensation for the excess power consumed. The state-owned generation and distribution ...
/ / Markets & Policy, Solar
APTEL Rules in Favor of Solar Developers, Strikes Down Reduction of Tariff

APTEL Rules in Favor of Solar Developers, Strikes Down Reduction of Tariff

The Appellate Tribunal for Electricity (APTEL) ruled in favor of solar developers who were successful bidders in the tender issued by the Uttar Pradesh New and Renewable Energy Development Agency ...
/ / Markets & Policy, Solar
CERC Allows Compensation to Solar Developers Under Change in Law due to GST

CERC Allows Compensation to Solar Developers Under Change in Law due to GST

The Central Electricity Regulatory Commission (CERC) has ruled that solar developers are entitled to compensation in lieu of higher expenses incurred after the Goods and Services Tax (GST) came into ...
/ / Markets & Policy, Solar
Jinko, Trina, JA Solar, LONGi, Adani Top Solar Module Suppliers in 1H 2022

Jinko, Trina, JA Solar, LONGi, Adani Top Solar Module Suppliers in 1H 2022

Jinko Solar, Trina Solar, JA Solar, LONGi Solar, and Adani Solar were the leading module suppliers to the Indian solar market in the first half (1H) of the calendar year ...
/ / Mercom Research Focus, Solar
Insights on Clean Energy Adoption for Noida’s C&I Consumers

Insights on Clean Energy Adoption for Noida’s C&I Consumers

Following the resounding success of the C&I Clean Energy Meet series hosted across different cities by Mercom India, it is headed to Noida in Uttar Pradesh to cap a successful ...
/ / Markets & Policy, Solar
Rajasthan Launches Online Land Registration Portal for PM-KUSUM Program

Rajasthan Launches Online Land Registration Portal for KUSUM Program

Rajasthan has formulated Saur Krishi Ajivika Yojna (SKAY) under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) to promote decentralized solar projects development at load ...
/ / Markets & Policy, Solar
Laurus Labs to Buy Solar Via Open Access in Captive Mode from Vibrant Energy

Laurus Labs to Buy Solar Via Open Access in Captive Mode from Vibrant Energy

Pharmaceutical and biotechnology company Laurus Labs has acquired 26% equity shares in Ethan Energy, a special-purpose vehicle (SPV) of Vibrant Energy Holdings, for ₹39 million (~$477,744). The acquisition will allow ...
/ / Finance and M&A, Solar
Researchers Claim Water Treatment Raises Organic Solar Cell Efficiency

Researchers Claim Water Treatment Raises Organic Solar Cell Efficiency

A team of researchers from the Gwangju Institute of Science and Technology (GIST), South Korea has claimed that using a certain amount of deionized (DI) water prevents the aggregation of ...
/ / Solar, Technology
NTPC Invites Bids to Supply BESS for Solar Projects in Gujarat

NTPC Invites Bids to Supply BESS for Solar Projects in Gujarat

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids to supply battery energy storage systems (BESS) for solar power projects at the Khavda Renewable Park in the Kutch ...
/ / Solar, Tenders & Auctions
Average Cost of Large-Scale Solar Projects Up 8% Year-over-Year

Average Cost of Large-Scale Solar Projects Up 8% Year-over-Year

The average cost of large-scale solar projects in the third quarter (Q3) of the calendar year (CY) 2022 was ₹45.6 million (~$559,866)/MW, a year-over-year (YoY) increase of 8%, according to ...
/ / Mercom Research Focus, Solar
NTPC Floats BOS Tender for 1.2 GW Solar Projects in Gujarat

NTPC Floats BOS Tender for 1.2 GW Solar Projects in Gujarat

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids for the balance of system (BoS) package to develop 1,200 MW (4 X 300 MW) of solar power projects ...
/ / Solar, Tenders & Auctions
Investments in the Indian Solar Sector Totaled $2 Billion in Q3 2022

Investments in Indian Solar Sector Totaled $2 Billion in Q3 2022

Investments in the Indian solar sector in the third quarter (Q3) of the calendar year (CY) 2022 totaled $2 billion (~₹161.1 billion), a 30% quarter-over-quarter (QoQ) decrease compared to the ...